American politician Bernard Sanders (born September 8, 1941) has represented Vermont in the Senate since 2007. From 1991 to 2007, he served as the state’s at-large U.S. representative. Sanders has served in Congress longer than any other independent in American history.
He is quite close to the Democratic Party, with whom he has caucused in the House and the Senate for the most of his time in Congress. The progressive movement in the United States looks to him as a leader, and he sees himself as a democratic socialist.
Sanders ran for president of the United States as a Democratic Party candidate in 2016 and 2020, but he came in second both times. He served as mayor of Burlington, Vermont, before being elected to Congress.
Bernie Sanders Net Worth
American politician Bernie Sanders is worth $3 million. Since 2007, Bernie Sanders has served as the U.S. Senator for Vermont. He has also run for President multiple times. Bernie’s most recent tax return was submitted in 2018.
The majority of his wealth at the time came from book advances and royalties, which he estimated to be around $1.7 million. Bernie made $4.7 million between 2009 and 2018, as we’ll explain in the following portion of this piece. He and his wife have about $1.8 million in mortgages on three residences they own.
He entered politics in 1981 after being elected mayor of Burlington, Vermont. Sanders was mayor for eight years, during which time he became widely recognized as a progressive politician and a leading advocate for such causes as low-income housing, environmental protection, and equal rights.
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Sanders was elected to the U.S. Congress in 1990. independent candidate for the U.S. House of Representatives. During his 16 years in the House, he fought for the interests of ordinary citizens and resisted the corrupting influence of money in politics. Sanders was elected as a U.S. senator in 2006.
Senate, where he has continued to advocate for liberal ideals including free college tuition, a $15 minimum salary, and healthcare for all. He spoke out frequently against the Trump administration. Sanders has already made two presidential bids, in 2016 and 2020.
He’s garnered a lot of support from liberals and helped move the Democratic Party in a more liberal direction. Sanders has had a major impact on American politics and has inspired a new generation of progressive activists, despite not winning the nomination in either contest.
Income History
Bernie declared that he and his wife had a combined net worth of $750,000 in 2015, with an annual income of between $250,000 and $300,000. After the 2016 release of his book “Our Revolution,” Bernie’s wealth began to soar.
In 2016, Bernie made a little over $1 million, and in 2017, he made over $1.1 million. The couple earned about $800,000 annually from book advances and royalties during those times. His 2018 book revenue plummeted to $393,000, but he and his wife Jane still managed to have a combined adjusted gross income of $561,000.
As mayor of Burlington, Vermont, he made $33,700 annually between 1981 and 1989. Between 1990 to 2005, Bernie served in the United States Congress and made $90,000-$140,000. Starting in 2005, his pay as a Senator of the United States will be $174,000.
Bernie assessed his net worth in June 2017 to be $2 million, which included his home and retirement savings. Bernie revealed his tax returns going back to 2010 as part of his 2020 presidential campaign. The total income of Bernie and Jane Sanders is as follows:
2009 – $314,742
2010 – $321,592
2011 – $324,870
2012 – $280,954
2013 – $279,724
2014 – $205,617
2015 – $240,610
2016 – $1,062,626
2017 – $1,150,891
2018 – $561,293
Total = $4,742,919
Actual Property
Sanders and his wife, Jane, have three residences. Their principal residence is a four-bedroom house they purchased in Chittenden County, Vermont, in 2009 for $405,000. Congressional Federal Credit Union provided them with a mortgage in the amount of $324,000.
Their 2,300-square-foot, the four-bedroom property is worth about $440,000 right now, as estimated by Zillow. They settled down in a townhouse in the nation’s capital in 2007. for $488,999. Although comparable properties have recently sold for $800,000 or more, Zillow only assigns this one a value of $685,000.
They spent $575,000 on a second property on Vermont’s Lake Champlain in 2016. Previously, the home was offered for $775,000. It’s a 1.1-acre property with a two-story log cabin design.
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